>Pleo, it occurs to me that in those countries that Terumo serves, there might not be the restrictions on purchases that our hospitals are experiencing, so the rampup in sales might be very fast.<
I agree. And, Terumo immediately began selling the MTX-180 at the ECIO show. But, I don’t expect prompt sales reports from Terumo – perhaps not even broken out in Terumo’s financial reports. And, BSDM is likely under a secrecy agreement regarding news releases about Terumo’s progress. Such restrictions are common in marketing agreements. While such secrecy might only somewhat delay Terumo’s competition, Terumo is “breaking ground” and will surely want to grab as much market share as they can before competition develops. Even just some delay can be economically important. That said, the competition has a difficult situation to overcome: the presently-unique MTX-180 utilizes multiple-synchronous-array operation – very important! -- and there is at least some patent protection for the product.
>One way around our hospital budgets is for donations be made to hospitals earmarked for the purchase of MicroThermX's, but first an approach must be made to the interventional oncologist to educate him/her on the benefits of thermal ablation. Here is what I proposed to brjj7 [Barry] on the Yahoo board.
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Barry, why don't you donate an MTX-180 to your favorite hospital. Find the interventional oncologist and ask him/her if you donate it, will they use it. With that donation you get a tax deduction. Donate the dollars to the hospital with an earmark for the purchase of the MTX-180 that way the money can't be used for anything else. You do have a charitable trust/foundation, don't you? You can use your trust.
What's the benefit to you? First you get a tax deductible donation. Second since you own so many shares their value will go up.as sales of antennas rise.
Now get all of your wealthy friends to do this also, or all of the thirty or so friends that you got to buy stock can set up a foundation together and make several donations. That way you won't be competing with each other about which hospital gets the MicroThermX.
Think of it. $500,000 could buy about 10 MTX-180's and mean up to $50,000,000.00 in antenna sales to BSD.
I challenge you to do that, but will you? I am working with some friends to do just what I propose to you. Anybody else here willing to do this?<
Thanks for your efforts, and I wish you the best of luck with it. There surely are organizations and even individuals who can afford such donations. I don’t personally have any contact with them, however.
My guess too is that sales of the MTX-180 will rapidly grow. It is now up to the leading doctors and institutions to jump in. And I expect that to happen, since a number of outright pioneering doctors are extolling the product. But, we have to keep aware of how conservative the medical profession is, overall. I will remain patient. |
